Wednesday's analyst calls: UPS gets an upgrade, Meta Platforms to jump 20% ahead

UPS was upgraded by Redburn Atlantic to buy. Meanwhile, Wells Fargo called for 20% upside for Meta Platforms and raised one of its estimates for the company's ad sales. Check out the latest calls and chatter below. All times ET. 8 a.m.

mountain SOFI year to date SoFi's focus on prime consumers lowers credit risks in the company's lending business, which also provides higher-value cross-selling opportunities across its other branches, Peterson added. In 2023, the company's average FICO score for new originations was 749. Additionally, SoFi's banking license positions its high-growth lending business for success.

mountain ALLY in past 6 months "ALLY's P/E multiple has increased ~3x turns since Sept 2023 as investor focus shifts from near-term headwinds to the company's 4% target by mid 2025. We believe the stock fully reflects this scenario, and we see limited upside potential based on the current valuation," the note said. JPMorgan raised its price target on Ally to $39 per share from $37. The stock closed at $39.02 per share on Tuesday. — Jesse Pound 6:07 a.m.

, a stablecoin, on Coinbase's platform. has a high gross margin for Coinbase, according to KBW. Despite those positive trends, the new price target from KBW is still below the stock's closing level on Tuesday of $245.84. "However, despite acute instances of regulators warming to crypto , we believe COIN's ongoing legal battle with the SEC and otherwise uncertain regulatory environment make it extremely difficult for many institutional investors to own COIN," the note said. — Jesse Pound 5:53 a.m.

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